Crypto Price Update September 25: BTC Tops $64K, ETH Declines, Cardano Up 4%
Today, the global crypto market prices reflected a slight uptick, trying to sustain the rally ignited following the Federal Reserve rate cut. However, the uptrend among top altcoins was mostly marginal...
Today, the global crypto market prices reflected a slight uptick, trying to sustain the rally ignited following the Federal Reserve rate cut. However, the uptrend among top altcoins was mostly marginal according to on-chain data. An overview of the market through the crypto heat map shows mixed trading patterns, in red and green.
Bitcoin climbed $64k earlier today, however, its price has retraced and is now trading around the $63k mark. Ethereum noticed a slight decline in price and Cardano exhibited a notable uptrend. Moreover, the total market valuation added 0.37% to rest at $2.24 trillion at the time of writing. Below is an overview of how some of the top crypto have reacted over the last day.
Top Crypto Prices Today
Bitcoin exhibited a significant upswing that shot its price above $64k in the early Asian trading hours today. However, at the time of writing, the price of BTC traded at $63,879, representing a 0.24% spike. Moreover, BTC’s one-day trading volume jumped by 10% to rest at $29.3 billion, indicating increasing on-chain activities among traders and investors. Notably, this price reaction comes amid a $135.95 million inflow for Bitcoin ETFs as of September 24.
Meanwhile, the price of Bitcoin is anticipated to rocket in the coming days following China’s 20 bp short-term interest rate cut and 50 bp cut in the reserve requirement ratio. These outcomes are expected to have a positive impact on the crypto market as there would be a noticeable increase in money circulation which people can divert to riskier assets like cryptocurrencies.
Meanwhile, Ethereum, the flagship altcoin has taken a different route, dropping marginally over the last 24 hours. According to data from CoinMarketCap, the price of ETH dipped by 0.94% to change hands at $2,623. Similarly, its 24-hour trading volume declined by 2.37% to $16.2 billion. Notably, ETH ETFs saw a daily total net inflow of $62.51 million as of September 24 according to Soso Value Data.
Other Altcoin Prices
The crypto Solana saw an uptick over the last day. SOL price increased by 1.49% and changed hands at $150.28. Solana’s one-day low and high were seen at $144.85 and $153.61 respectively. Ultimately, the coin’s market cap touched $70.42 billion at the time of writing.
Meanwhile, the seventh-largest crypto by market cap, XRP also dropped at the time of writing. The XRP price lost 0.19% in the past 24 hours to reach $0.588. The coin traded between the bottom and peak of $0.5818 and $0.596, respectively. XRP’s market cap stood at $33.18 billion today.
While the price of XRP continues to consolidate around $0.5 and $0.6, crypto analysts have predicted a bullish outcome for the coin in the coming months. Coinfomania earlier reported that an XRP pundit predicted a $6 surge in 2025, citing a building up symmetrical triangle in XRP’s trading chart.
Binance Coin (BNB) saw notable drops at the time of writing. The Binance-backed coin declined by 1.29% to reach $597.18 and maintained a 24-hour range of $593.67 and $612.14 respectively. The TRX price lost 1.13% to trade at $0.1506 with 24-hour lows and highs of $0.1501 and $0.1526 respectively.
Meanwhile, Cardano (ADA) has seen the most gains among the top cryptocurrencies. The proof-of-stake blockchain token surged by 3.53% at the time of writing to change hands at $0.3817. Additionally, Cadano’s trading volume over the last day jumped by 41% to $335 million.
The memecoin market reflected a broader uptrend in the last 24 hours. The Dogecoin price increased by 0.47% in value to $0.1093 today. Also, Shiba Inu, the second-largest memecoin by market cap, climbed by 1.96% to $0.00001492. PEPE added 1.74% while Dog Wif Hat (WIF) increased by 4.40%.
Top Trending Crypto Gainers Today
Sei (SEI) skyrocketed by 24.29% to reach $0.461
Sui (SUI) surged 12.34% to $1.74
Shitcoin (SOL) SHIT moved up by 11.67% to $0.01185
Chiliz (CHZ) added 10.72% to $0.06719
AI Companion (AIC) jumped by 9.14% to $0.120
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